First Citizens Bank & Trust Company, Inc. Pension Plan
Corporate pension, based in Raleigh, North Carolina, reporting $243M in assets, for 1,465 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, First Citizens Bank & Trust Company, Inc. Pension Plan first reports an interest in Intermediate Duration Corp Nl Fund: $2M at 2024-12-31.
2 more managers, 16 more commitments and 4 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Treasury U.S. 5 Year Key Rate Durat2 commitments
- Long Term Govt Bond Index Fund2 commitments
- Long Duration Corporate Credit Scre2 commitments
- Blackrock Institutional Trust Company, N.A.6 commitments
- Blackrock Institutional Trust6 commitments
- Blackrock3 commitments
Relationship network
30 connected entities19 observed commitments13 repeat counterparties17 dated commitments shown here, 2023 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Interest-bearing cash 3.6%
- Corporate debt instruments (other) 0.4%
- U.S. Government securities 0.5%
- Partnership/joint venture interests 4.3%
- Common/collective trusts 34.8%
- Registered investment companies 44.7%
- Common stock 11.6%
Consultants and advisers
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
People
Manager roster
- Blackrock Institutional Trust Company, N.A.6 rows, latest Dec 31, 2024
- Blackrock Institutional Trust6 rows, latest Dec 31, 2024
- Blackrock3 rows, latest Dec 31, 2024
+2 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- Blackrock Insti. Trust Company, N.Aplan years
- Blackrock Institutional Trust Company, N.A.plan years
- Blackrock Institutional Trust Co,naplan years 2024
What changed
- Dec 31, 2024Holding startedFirst Citizens Bank & Trust Company, Inc. Pension Plan first reports an interest in Intermediate Duration Corp Nl Fund: $2M at 2024-12-31with Intermediate Duration Corp Nl Fundaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceFirst Citizens Bank & Trust Company, Inc. Pension Plan no longer reports 1-3 Year Government Bond Index Fund (last held $1M at 2023-12-31; absent from the 2024-12-31 filing)with 1-3 Year Government Bond Index Fundaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceFirst Citizens Bank & Trust Company, Inc. Pension Plan no longer reports TSY U.S. 25+ Yr Key Rate Dur Nl Fd (Blackrock) (last held $206,780 at 2023-12-31; absent from the 2024-12-31 filing)with Blackrockaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedBlackrock Advisors, LLC appears on First Citizens Bank & Trust Company, Inc. Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Blackrock Institutional Trust Co,naaskebsa.dol.gov
- Jan 1, 2024Funded status changedFirst Citizens Bank & Trust Company, Inc. Pension Plan funded ratio 93.2% -> 107.0% (2023-01-01 to 2024-01-01)
+4 more dated events
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Intermediate Duration Corp Nl Fundcollective trust | Blackrock Institutional Trust Company, N.A. | Pooled vehicles | $2.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Treasury U.S. 5 Year Key Rate Duratcollective trust | Blackrock Institutional Trust Company, N.A. | Fixed income | $2.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Long Term Govt Bond Index Fundcollective trust | Blackrock Insti. Trust Company, N.A | Fixed income | $11.2M held | Disclosed holding | askebsa.dol.gov |
+16 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,465 | $232M | $149M | 107.0% | $243M | $10.6M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 1,500 | $201M | $147M | 93.2% | $232M | $7.5M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 1,528 | $247M | $141M | 121.3% | $201M | $146,426 | Not disclosed | Not disclosed |
- Willis Towers Watson US LLC codes 11 15 17 38 50 $164,481 PY2024
- Blackrock Advisors, LLC codes 28 50 51 $101,825 PY2024
- Cherry Bekaert LLP codes 10 50 $21,000 PY2024
+27 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Holding in a pooled vehicle started2024-12-31source on record
- Holding in a pooled vehicle ended2024-12-31source on record
- Holding in a pooled vehicle ended2024-12-31source on record
+6 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+5 connections on the graph
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